Keshav Kumar Sharma, Secretary at the Ministry of Physical Infrastructure and Transport, says: ”If the contract is terminated arbitrarily, the construction entrepreneur will get justice.”
Secretary of the Ministry of Physical Infrastructure and Transport, Keshav Kumar Sharma, has expressed his views on whether a mistake was made in enacting the Integrated Procurement Act in Nepal. He said this at a dialogue program with stakeholders on ‘Sick Contract Management’ organized by the Nepal Infrastructure Journalists Society in collaboration with the Federation of Nepal Construction Entrepreneurs in Kathmandu on Tuesday.
‘Even today, there is no procurement law in India. Because, each region has its own problems and characteristics. There are separate laws for that,’ Sharma said, ‘If the law for purchasing a dot pen and a ship is the same, there will be a problem. That is why there is no procurement law in India. Many things are addressed in the contract agreement. It is not through the law.’
He said that corporate culture should be developed in construction companies. He said that the number of construction companies should be reduced and capacity should be increased. He said that recently, due to Corona and other reasons, contracts have become unhealthy.
He said that now the expenses incurred in the social sector should also be included while estimating the cost of the project. He said that in some cases, the cost has increased even while addressing the demands of the locals, the contracts have become unhealthy.
He also said that if the contract was terminated arbitrarily, the construction entrepreneurs would get justice. He said that since only two billion contracts have been terminated so far, construction entrepreneurs should not worry.
